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The Block: Stablecoin supply drops by $14.2 billion, marking the largest contraction since the 2022 bear market
According to The Block, stablecoin supply dropped by $14.2 billion, marking the largest contraction since the 2022 bear market. The report's summary noted that the combined supply of USDT and USDC fell by nearly $11 billion over the past month, while the supply of gold-backed tokens remained flat.
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